China Shuifa Singyes New Materials Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Shuifa Singyes New Materials Holdings has a total shareholder equity of CN¥168.8M and total debt of CN¥40.4M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are CN¥260.9M and CN¥92.2M respectively.
Key information
23.9%
Debt to equity ratio
CN¥40.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥22.67m |
| Equity | CN¥168.77m |
| Total liabilities | CN¥92.16m |
| Total assets | CN¥260.92m |
Recent financial health updates
Would China Shuifa Singyes New Materials Holdings (HKG:8073) Be Better Off With Less Debt?
Oct 07
Does China Singyes New Materials Holdings (HKG:8073) Have A Healthy Balance Sheet?
Nov 19Does China Singyes New Materials Holdings (HKG:8073) Have A Healthy Balance Sheet?
Aug 13China Singyes New Materials Holdings (HKG:8073) Has Debt But No Earnings; Should You Worry?
Oct 24Is China Singyes New Materials Holdings (HKG:8073) Using Too Much Debt?
Jun 09Recent updates
China Shuifa Singyes New Materials Holdings Limited's (HKG:8073) 56% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jan 09China Shuifa Singyes New Materials Holdings Limited (HKG:8073) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Nov 25Would China Shuifa Singyes New Materials Holdings (HKG:8073) Be Better Off With Less Debt?
Oct 07China Singyes New Materials Holdings Limited's (HKG:8073) 296% Share Price Surge Not Quite Adding Up
May 31China Singyes New Materials Holdings Limited's (HKG:8073) Share Price Not Quite Adding Up
Mar 04Does China Singyes New Materials Holdings (HKG:8073) Have A Healthy Balance Sheet?
Nov 19Does China Singyes New Materials Holdings (HKG:8073) Have A Healthy Balance Sheet?
Aug 13China Singyes New Materials Holdings (HKG:8073) Has Debt But No Earnings; Should You Worry?
Oct 24Is China Singyes New Materials Holdings (HKG:8073) Using Too Much Debt?
Jun 09Financial Position Analysis
Short Term Liabilities: 8073's short term assets (CN¥169.0M) exceed its short term liabilities (CN¥88.9M).
Long Term Liabilities: 8073's short term assets (CN¥169.0M) exceed its long term liabilities (CN¥3.2M).
Debt to Equity History and Analysis
Debt Level: 8073's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 8073's debt to equity ratio has increased from 1.2% to 23.9% over the past 5 years.
Debt Coverage: 8073's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8073's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 12:00 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
China Shuifa Singyes New Materials Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.